News
NPCI’s BHIM Overtakes CRED In January UPI Rankings
6+ hour, 48+ min ago (408+ words) PhonePe recorded a slight surge in its transaction volume to 991.3 Cr in January In January, NPCI's Bharat Interface for Money (BHIM) surpassed Kunal Shah-led CRED as well as FamApp in terms of UPI transaction volume by recording 17.2 Cr transactions worth…...
Pine Labs’ Software Turn Shows Its True Colours
2+ week, 5+ day ago (1130+ words) Pine Labs saw strong momentum in Q3, driven by value-added services like EMI, credit, UPI, and cross-border offerings For much of its two-decade journey, Pine Labs was viewed, and often valued, as a premium point-of-sale hardware and payments company. But in…...
Pine Labs To Build Acquiring Infra For UAE-Based Wio Bank
3+ week, 5+ day ago (436+ words) Pine Labs said that the infrastructure will enable faster merchant onboarding, real-time settlement capabilities and multi-mode payment acceptance for Wio Bank Pine Labs swung to the black in Q2 FY26 and posted a net profit of INR 6 Cr, while operating revenues jumped…...
Mswipe Gets Payment Aggregator Licence For Online & Offline Payments
1+ mon, 4+ week ago (386+ words) The licence allows the startup to aggregate different payment instruments for merchants, both online and offline Mumbai-based fintech startup Mswipe Technologies has received the final payment aggregator (PA) licence from the Reserve Bank of India (RBI) for both online and…...
Pine Labs’ New Mantra: Forget PoS; Software Is The Future
2+ mon, 1+ week ago (967+ words) As it announced its first quarterly results after listing, fintech giant Pine Labs began its earnings call with a presentation on its new payments and currency management products. The demo involved a look at the UI and user experience for…...
Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT
2+ mon, 2+ week ago (566+ words) While it reported a net loss of INR 32 Cr in the year-ago quarter, the company's profit rose 25% QoQ from INR 4.8 Cr in Q1 FY26 Total expenses rose 8% YoY to INR 661.7 Cr Recently listed Pine Labs reported a net profit of INR 6 Cr…...
PB Fintech, Go Digit Zoom Up To 6% On GST Exemption For Insurance
5+ mon, 2+ week ago (401+ words) Insurtech companies PB Fintech and Go Digit saw their shares rise in the intraday trade today after the GST Council announced exemption of GST on life and health policies yesterday. Policybazaar parent PB Fintech's shares surged 6% to INR 1,960.91 intraday on…...
In Generics Game, Truemeds Pops A Margin Pill, Cracks The Pricing Code
5+ mon, 4+ week ago (816+ words) Generics distribution and telemedicine startup Truemeds aims to bridge the accessibility gap in a market known for low-cost generics, but ruled by expensive branded drugs By cutting out marketing and medical representative costs, it keeps 50-60% margin before discounting, and 20-30% after…...